Cyprus Corporate Tax Rate

The Corporate Tax Rate in Cyprus stands at 12.50 percent. Corporate Tax Rate in Cyprus averaged 16.46 percent from 1995 until 2018, reaching an all time high of 29 percent in 2000 and a record low of 10 percent in 2005.

Corporate Tax Rate in Cyprus is expected to be 12.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cyprus Corporate Tax Rate is projected to trend around 12.00 percent in 2020, according to our econometric models.

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Cyprus Corporate Tax Rate

In Cyprus, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Cyprus. This page provides - Cyprus Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Cyprus Corporate Tax Rate - actual data, historical chart and calendar of releases - was last updated on May of 2019.